Benzinga | Aug 24, 2020 11:06AM EDT

A Preview Of Heico's Earnings

On Tuesday, August 25, Heico (NYSE: HEI) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

Earnings and Revenue

Analysts covering Heico modeled for quarterly EPS of $0.32 on revenue of $380.43 million . In the same quarter last year, Heico reported EPS of $0.59 on revenue of $532.32 million. The analyst consensus estimate would represent a 45.76% decline in the company's EPS figure. Here's how the Heico's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2019 Q3 2019EPS Estimate 0.44 0.75 0.57 0.54EPS Actual 0.55 0.55 0.62 0.59Revenue Estimate 462.86 M 508.22 M 529.50 M 511.08 MRevenue Actual 468.15 M 506.27 M 541.53 M 532.32 M

Stock Performance

Over the last 52-week period, shares are down 26.09%. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Heico is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://www.heico.com/investors/stock-information/